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Satwik and Chirag, ranked world No. 3, downed Korea's Choi Sol Gyu and Kim Won Ho 21-18, 21-16 in the final.
Indian archers will be in action in two gold medal matches on the day.
Satwik and Chirag became the first Indian pair to enter the Asian Games gold medal match.
India have won five bronze medals so far in wrestling in this edition.
The women's team's splendid show rubbed off on their male counterparts as the triumvirate of Atanu Das, Tushar Shelke, and Dhiraj Bommadevara returned with a silver medal.
The Indians, who had an easy run in the pool stages recording big wins, were made to toil by the Koreans despite taking a 3-0 lead in the first quarter.
The four-day event, which started on October 2, celebrates the art of beautiful writing with reputed calligraphers from different parts of the world flying down to Kochi.
However, it was curtains for Srikanth as he went down against Japan's Kodai Naraoka, a World Championships silver medallist, 16-21, 17-21 in pre quarterfinals.
H S Prannoy, Lakshya Sen and Kidambi Srikanth won their singles matches to set up a gold medal clash with hosts China.
India have won 19 medals in shooting, including six gold, eight silver and five bronze, from the continental Games.